Common use of No Pending Bankruptcy Clause in Contracts

No Pending Bankruptcy. As of the date of Merchant’s execution of this Agreement, Merchant is not insolvent, has not filed, and does not contemplate filing, any petition for bankruptcy protection under Title 11 of the United States Code and there has been no involuntary bankruptcy petition brought or pending against Merchant. Merchant represents that it has not consulted with a bankruptcy attorney on the issue of filing bankruptcy within six months immediately preceding the date of this Agreement.

Appears in 5 contracts

Samples: Agreement of Sale of Future Receivables (Vystar Corp), Agreement of Sale of Future Receipts (1847 Holdings LLC), Agreement of Sale of Future Receipts (SHARING SERVICES GLOBAL Corp)

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No Pending Bankruptcy. As of the date of Merchant’s 's execution of this Agreement, Merchant is not insolvent, has not filed, and does not contemplate filing, any petition for bankruptcy protection under Title 11 of the United States Code and there has been no involuntary bankruptcy petition brought or pending against Merchant. Merchant represents that it has not consulted with a bankruptcy attorney on the issue of filing bankruptcy within six months immediately preceding the date of this Agreement.

Appears in 1 contract

Samples: Agreement of Sale of Future Receipts (Sharing Services, Inc.)

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